tradeseek

Bearish Ford Technicals

Short
BATS:F   FORD MTR CO DEL
1
MACD divergence with stock price. Stock is in consolidation and bouncing off significant resistance at $16.53. I drew out other resistance points. I can see the stock falling to the $13.43 level here and if it breaks it will drop much lower. The move here isn't huge so I'm not sure if it's worth shorting but for anyone looking to go long here I would re-think it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.